General information | |
---|---|
Global rank: | 4980 |
Name: |
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Symbol: | AXN |
Current coin price (VEF): | 1.90 Bs |
Last hour: | arrow_upward0.000000 % |
Last 24 hours: | arrow_downward-14.45 % |
Last 7 days: | -19.44 %trending_down |
Capitalisation (VEF): | 0.000000 Bs |
Volume 24h (VEF): | 4 260 000 000.00 Bs |
Available supply: | 0.000000 AXN |
Total coin supply: | -1 AXN |
Start date: | 2020-12-17 |
Axion/Venezuelan Bol?var Fuerte (AXN/VEF) price chart
Axion/Venezuelan Bol?var Fuerte (AXN/VEF) capitalisation and volume charts
Axion is an emerging global monetary system, designed to increase the purchasing power of the ecosystem participants. This is unlike traditional monetary policy where mass-inflation is used to primarily fund corporate bailouts.
When new currency is added to the ecosystem, and a negligible amount of it goes to the people, the purchasing power of the population diminishes significantly year-over-year. Axion changes this oligarchy dynamic by generating interest daily directly to the network participants through fixed inflation.